Malawi vs Nicaragua: Military spending

Malawi
127.88 million constant 2024 US$
in 2025
Nicaragua
114.56 million constant 2024 US$
in 2025
Malawi rank
135th
Nicaragua rank
137th

Military spending over time

  • Malawi
  • Nicaragua
050.0M100.0M150.0M196819962025

How they compare

Malawi currently reports 127.88 million constant 2024 US$ against 114.56 million constant 2024 US$ in Nicaragua, a difference of 13.31 million constant 2024 US$.

That makes Malawi's figure about 1.1 times Nicaragua's.

The two have swapped places 2 times across 46 shared years of data; in 1972 it was Malawi ahead.

Malawi ranks 135th and Nicaragua ranks 137th of 162 countries.

Across the 6 decades both report, Malawi averaged higher in 3 and Nicaragua in 3.

Head to head by decade

Decade Malawi Nicaragua Difference Ahead
1970s 24.95 million constant 2024 US$ 126,404 constant 2024 US$ 24.83 million constant 2024 US$ Malawi
1980s 46.57 million constant 2024 US$ 174,638 constant 2024 US$ 46.40 million constant 2024 US$ Malawi
1990s 16.74 million constant 2024 US$ 65.16 million constant 2024 US$ 48.41 million constant 2024 US$ Nicaragua
2000s 28.97 million constant 2024 US$ 55.40 million constant 2024 US$ 26.43 million constant 2024 US$ Nicaragua
2010s 59.75 million constant 2024 US$ 92.05 million constant 2024 US$ 32.31 million constant 2024 US$ Nicaragua
2020s 111.30 million constant 2024 US$ 101.72 million constant 2024 US$ 9.58 million constant 2024 US$ Malawi

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Malawi or Nicaragua?
Malawi, at 127.88 million constant 2024 US$ against 114.56 million constant 2024 US$ in Nicaragua as of 2025.
What is the difference in military spending between Malawi and Nicaragua?
13.31 million constant 2024 US$, with Malawi ahead.
How many years of comparable data are there for Malawi and Nicaragua?
46 years are reported by both, from 1972 to 2025.
How do Malawi and Nicaragua rank globally for military spending?
Malawi ranks 135th and Nicaragua ranks 137th of 162 countries.
Where does this data come from?
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Military spending
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.